Press release
2027 Forecast | Plumbing Components Market Growing at 5.6% CAGR and Expected to reach $78.21 billion
Plumbing Components Market
Surge in renovation of non-residential and residential bathrooms and toilets, and rise in construction of offices and malls across the globe drive the growth of the global plumbing components market. However, fluctuations in prices of raw material restrain the market growth. Furthermore, increase in infrastructure development activities in African countries is expected to provide new growth opportunities for the market player in the near future.
Buy This Research Report (253 Pages PDF with Insights, Charts, Tables, Figures):
https://www.alliedmarketresearch.com/checkout-final/c16ba2886b164fc57e0f3133c325a27a
Covid-19 scenario:
The manufactrurers across the globe have slow down their production, owing to disrupted supply and shortage of raw materials amid lockdown.
Decline in new construction activities in developing nations and halting of ongoing projects amid outbreak of Covid-19 has impacted the market.
The report offers a detailed segmentation of the global plumbing components market based on product, end-user, application, and region.
Based on product, the pipes segment contributed to the largest share in 2019, accounting for 91% of the total share, and is estimated to maintain its dominant position during the forecast period. However, the fittings segment is estimated to portray the highest CAGR of 7.3% during the forecast period.
Request Sample Report:
https://www.alliedmarketresearch.com/request-sample/A06577
Based on end-user, the residential segment accounted for the largest share in 2019, holding more than two-thirds of the total share, and is expected to maintain the largest share throughout the forecast period. However, the non-residential segment is expected to register the highest CAGR of 6.0% from 2020 to 2027.
Based on region, Asia-Pacific contributed the highest share, accounting for nearly three-fifths of the total market share in 2019, and will maintain its dominance throughout the forecast period. However, LAMEA is expected to grow at the highest CAGR of 6.9% from 2020 to 2027.
Leading market players analyzed in the research include Central States Industrial, Aalberts N.V. (Lasco Fittings), McWane, Inc., Finolex Industries Ltd., Mueller Industries, Morris Group (Acorn), McWane, Inc., NupiIndustrieItaliane S.p.A., Mueller Industries, Turnkey Industrial Pipe & Supply Inc, and Reliance Worldwide Corporation Ltd.
Inquire Before Buying
https://www.alliedmarketresearch.com/purchase-enquiry/A06577
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: Fax: +1-800-792-5285
help@alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 2027 Forecast | Plumbing Components Market Growing at 5.6% CAGR and Expected to reach $78.21 billion here
News-ID: 3471844 • Views: …
More Releases from Allied market research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Plumbing
Providence Plumbing: Top Plumbing Service in Sturgeon Falls
Image: https://www.globalnewslines.com/uploads/2025/02/1738922866.jpg
Providence Plumbing, a dedicated plumbing company in North Bay, provides exceptional plumbing services in Sturgeon Falls.
When problems arise with the plumbing in a home or facility, property owners must seek the services of competent plumbers. In North Bay, Ontario, Providence Plumbing is a leading plumbing company. The company has been in operation for years, serving wide-ranging customers within its location. They are known for providing standard plumbing services…
DB Plumbing & Heating: A Reliable Plumbing Contractor for All The Plumbing Needs
For reliable plumbing services, DB Plumbing & Heating has become a trusted name in the industry. Whether you're facing a leaking pipe, a clogged drain, or need new installations, a professional plumbing contractor is essential to get the job done right. At DB Plumbing & Heating, we pride ourselves on providing the highest level of plumbing expertise and customer satisfaction, ensuring your plumbing systems are always in top working condition.
Professional…
Foster Plumbing & Heating: Trusted Plumbing & Furnace Repair Services
When it comes to maintaining the functionality of your home, plumbing and furnace systems are essential. From dealing with a leaking faucet to needing emergency furnace repair, having a reliable service provider is crucial. For residents looking for top-tier plumbing and furnace repair solutions, Foster Plumbing & Heating stands out as a trustworthy choice in the industry. They offer a variety of services, ensuring that your home stays comfortable and…
Melbourne Plumbing Co.: Fast Reliable Plumbing for Emergency Plumbing Needs
Melbourne Plumbing Co is a well-known name in the Melbourne metro and residential area from Essendon to Doncaster and other surrounding suburbs They have been in operation for over 8 years with a team of experienced licensed plumbers and have any plumbing emergency sorted. Here's a little bit more information below on where an emergency with plumbing can end up and what are the main plumbing emergencies we deal with…
Plumbing Pros: Civic Plumbing Emerges as the Trusted Partner for Reliable Chatsw …
High-Quality Plumbing Services: Count on the Reliable Chatswood Plumbing:
We at Chatswood Plumbing have built a solid reputation as a dependable source for plumbing services in Chatswood because of our dedication to excellent craftsmanship, first-rate client relations, and practical solutions. To guarantee your happiness and the efficient running of your plumbing systems, we make every effort to go beyond what is necessary. Discover the benefits of working with a trustworthy and…
Fixed Fast Plumbing Delivers the Best Plumbing Solutions
Sydney, Australia - 30 May 2023 - Fixed Fast Plumbing provides a wide variety of plumbing solutions and services.
When it comes to one's plumbing needs and requirements, it's always best to let highly qualified professionals handle the matter. Hence, one needs to find the right local plumber that will deliver the best combination of price and quality in the first place indeed. Taking care of Sydney blocked drains is…
